According to the public record, Flat 11, Wren House 2, London is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Wren House, Gernon Road, London, E3.
Gernon Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 11, Wren House 2, London has a single entry in the Land Registry database from March 2007 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 11 Wren House 2 London as £399,736 and the rental value as £2,499 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 11 Wren House 2 London has decreased by £2,669 (0.7%) and its rental value has increased by £84 per month (3.4%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 11, Wren House 2, London is in very good condition we estimate a sale value of £419,722 and rental value of £2,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,754 and a rental value of £2,324 per month.
If you were able to purchase this property for the estimated value of £399,736, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,965 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, Flat 11, Wren House 2, London was last sold on 19 Mar 2007 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 58.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Wren House 2, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 11, Grenville House 39, Arbery Road, London, E3 5DQ, a Leasehold flat which sold for £501,500 in Mar 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 300 metres radius of Flat 11, Wren House 2, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Gernon Road, London, E3 has a total of 153 addresses. According to our analysis of all the public data, Flat 11, Wren House 2, London is the 37th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in E3.
Flat 11, Wren House 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 11, Wren House 2, London is Mile End station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, Wren House 2, London, 61.1% of property is socially rented and 20.6% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 11, Wren House 2, London, 28.9% of residents are recorded as possessing school level qualifications and 31.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 11, Wren House 2, London, the average age was 34.8 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 11, Wren House 2, London, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 11, Wren House 2, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.